BNBCalc Short Term Rental Investment Analysis 210 16th Ave N, North Myrtle Beach, SC 29582, USA

4 bed • 3 bath • 10 guests • $975,000

BNB

Calc

Annual Revenue

$90,559

Profit (Cash Flow)

-$64

Cap Rate

6.7%

Annual Revenue

$90,559

AirDNA projects $539/night at 46% occupancy ($90,558).

BNB Calc projects a 46% occupancy rate, $539 rate per night.

Revenue Percentile (property's earnings compare to others in the market}

Return Metrics

-0.02% cash on cash return is a poor return over the next 1 year

Investment Value Over Time

	Y1	Y2	Y3	Y4	Y5	Y10	Y30
Profit (Cummulative)	-$64	-$128	-$193	-$257	-$322	-$644	-$1,933
Revenue Appreciation	$0	$0	$0	$0	$0	$0	$0
Home Equity	$780,000	$780,000	$780,000	$780,000	$780,000	$780,000	$780,000
Down Payment	$195,000	$195,000	$195,000	$195,000	$195,000	$195,000	$195,000
Property Appreciation	$29,250	$59,377	$90,408	$122,371	$155,292	$335,318	$1,391,580
Total Return	$1,004,185	$1,034,248	$1,065,215	$1,097,113	$1,129,969	$1,309,673	$2,364,647

Property Appreciation:

Revenue Appreciation:

Cash on Cash Return

-0.02%

Cap Rate

6.73%

Return on Investment

16.49%

210 16th Ave N North Myrtle Beach, South Carolina, 29582-2735

4 bed • 3 bath • 10 guests

Purchase Price

Est. $4,676/mo

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North Myrtle Beach

Guide

$90,559

Annual Revenue

Projected nightly rate is $539/night at 46% occupancy.

Occupancy Rate

Top 101% of comparables

Avg Daily Rate

Top 101% of comparables

-$64

Profit

Revenue

$90,559

Operating Expenses

$24,853

Operating Income

$65,706

Mortgage & Taxes

$65,770

Profit (Cash Flow)

-$64

$235,000

Cash Investment

Down Payment

$195,000

Renos & Furnishing

$10,750

Closing Costs

$29,250

Total

$235,000

DSCR Ratio

Weak

1.00

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Investment Value Over Time

Property Appreciation

Revenue Appreciation

Cash on Cash Return

-0.02%

Cap Rate

6.73%

Return on Investment

16.49%

STR Tax Calculator (USA)

On purchasing a large business asset, you can subtract the depreciation value from your taxable income in order to pay less income tax. Use this calculator to find out how much you can save. Read tax guide.

Your current annual income

Your income tax rate

Taxes paid on $150,000

$45,000

If you buy this investment property, your est deduction will be...

Deductible mortgage interest

$46,275

Deductible property tax

$9,653

Your total deduction

$98,140

Your adjusted annual income

$150,000 - $98,140 = $51,860

Taxes on $51,860 (30%)

$15,558

Your old tax bill

$45,000

Your new tax bill

$15,558

Estimated tax savings

$29,442

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